Posted by: Aug25,1997 January 9, 2009
This is insane $640K+ to lease 2 hotdog spots in NYC
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Stat,


You miscalculated how many hot dogs Sherpa dai has to sell to stay in business. Even if he sells 2000 hotdogs a day (1000 on each cart which is realistic), he'll make decent money ($327K per year)


Total Reveneu per year 2000/day* $2(Sales price) * 364 days  = $1456000


Expenses:


Rent $600,000


 Hotdog cost each $.5*2000*364 = $364000(including ketchups, mayo, mustards all) I know it will cost even less because there are lots of hot dog shops who sell hotdogs 69c each and still make money)


Wages: $12/hr * 12 hrs a day (work hour) * 364* 2 (for both shops) = $104832


Misc expenses: $50,000/year


Total Expenses = $1118832


Net profit per year = $1456000-$1118832 = $337168


$327K per year... NOT BAD


 Go Sherpa dai...If I come to NY I will make sure I'll eat at your cart...Make sure you keep some Chicken or Pork hotdogs too cause I don't eat beef...

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